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I don’t see what those two statistics have to do with whether the economy is booming.

Would you argue the economy has never boomed before? 1 in 8 Americans below the federal poverty line seems to be pretty decent when seen historically according to https://commons.m.wikimedia.org/wiki/File:Number_in_Poverty_...

Numbers for 2018 don’t seem to be available yet but I’d assume they continue to trend down.




Another view is that the US is as bad as ever compared to peers: https://www.statista.com/statistics/233910/poverty-rates-in-...


Mexico has lower rates of poverty than the US? It wants me to pay to see how they gather the data but 33% of Mexicans live on less than $5 a day[0] while "42% of Mexico's total population living below the national poverty line" yet the rate in your graph is 16.7%

[0] https://en.wikipedia.org/wiki/Poverty_in_Mexico


It's true that the oecd definition kind of breaks on poor countries with low median income. But still the list is interesting if you look at the more comparable rich countries vs the US.




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